Las Vegas Sands (NYSE:LVS) Price Target Cut to $64.00 by Analysts at JPMorgan Chase & Co.

Las Vegas Sands (NYSE:LVS) had its price target trimmed by JPMorgan Chase & Co. from $68.00 to $64.00 in a research report sent to investors on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the casino operator’s stock.

Several other analysts have also recently weighed in on LVS. Jefferies Financial Group raised their target price on shares of Las Vegas Sands from $61.00 to $63.00 and gave the company a “hold” rating in a report on Thursday, April 23rd. Wells Fargo & Company dropped their price objective on shares of Las Vegas Sands from $65.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Stifel Nicolaus raised their price objective on shares of Las Vegas Sands from $72.00 to $74.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. HSBC lifted their price objective on shares of Las Vegas Sands from $73.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Las Vegas Sands from $77.00 to $73.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Las Vegas Sands currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.19.

Las Vegas Sands Stock Up 0.1%

Shares of NYSE LVS opened at $44.82 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 8.64. The business’s 50 day moving average is $49.12 and its two-hundred day moving average is $54.11. Las Vegas Sands has a 52-week low of $44.22 and a 52-week high of $70.45. The firm has a market cap of $29.70 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 1.01 and a beta of 0.83.

Las Vegas Sands (NYSE:LVS) last posted its quarterly earnings data on Wednesday, April 22nd. The casino operator reported $0.91 EPS for the quarter, beating the consensus estimate of $0.76 by $0.15. The business had revenue of $3.58 billion during the quarter, compared to analyst estimates of $3.32 billion. Las Vegas Sands had a net margin of 13.41% and a return on equity of 118.27%. The business’s revenue for the quarter was up 25.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.59 earnings per share. Research analysts predict that Las Vegas Sands will post 3.38 EPS for the current year.

Las Vegas Sands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 13th. Investors of record on Tuesday, May 5th were given a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a yield of 2.7%. Las Vegas Sands’s payout ratio is 44.44%.

Hedge Funds Weigh In On Las Vegas Sands

Several hedge funds have recently made changes to their positions in LVS. Grove Bank & Trust acquired a new position in Las Vegas Sands during the fourth quarter worth approximately $26,000. International Assets Investment Management LLC acquired a new stake in shares of Las Vegas Sands in the fourth quarter valued at approximately $26,000. DV Equities LLC purchased a new position in shares of Las Vegas Sands during the fourth quarter worth approximately $28,000. Towarzystwo Funduszy Inwestycyjnych PZU SA purchased a new position in shares of Las Vegas Sands during the fourth quarter worth approximately $29,000. Finally, Wilmington Savings Fund Society FSB increased its holdings in shares of Las Vegas Sands by 254.8% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 557 shares of the casino operator’s stock valued at $36,000 after acquiring an additional 400 shares during the period. Hedge funds and other institutional investors own 39.16% of the company’s stock.

Las Vegas Sands News Roundup

Here are the key news stories impacting Las Vegas Sands this week:

• Negative Sentiment: Wells Fargo lowered its price target on Las Vegas Sands from $65 to $53 and kept an equal weight rating, adding to concerns that expectations for the casino operator may be moderating. Wells Fargo lowers price target on Las Vegas Sands
• Negative Sentiment: JPMorgan also trimmed its price target on Las Vegas Sands from $68 to $64, signaling a slightly less bullish view even while maintaining an overweight rating. JPMorgan lowers price target on Las Vegas Sands
• Neutral Sentiment: Las Vegas Sands confirmed it will report second-quarter 2026 results on July 22 after the market close, followed by a conference call at 1:30 p.m., which could be the next major catalyst for the stock. Sands to Release Second Quarter 2026 Financial Results
• Neutral Sentiment: Another article noted that LVS is expected to announce earnings on Wednesday, reinforcing that investors are focused on the upcoming report rather than new operating news. Las Vegas Sands Expected to Announce Earnings on Wednesday

Las Vegas Sands Company Profile

Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.

The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.